Government company audit

To whom statutary audit report is to be given, addressee of the audit report in case of a government banking company?????

i saw  audit report in news paper

1.Indian Bank---->>report given to the president of india

2.Union bank Of india----->>Report given to The members

Both are public sector banks government undertaking

then why is the difference ???

Replies (3)

I dnt kno why dere is diff. bt i think Report is to be addressed  to members only

it is to be sent to the president of india only....

Why??? UBI given to its members..instead of president..

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